Karachi: A notification issued by the Bank of Khyber has declared the loss of share certificates under folio number 72196. The affected certificates pertain to THK Associates (Private) Limited.
On record, the shares under folio number 72196 belonging to Farhat Ahmed Faridi have been reported missing. The specified address for Mr. Faridi is House # E-125, 1st Floor, P.R.E.C.H.S. (Railway Society), Block-13/A, Gulshan-e-Iqbal Karachi. The certificate number for the lost shares is 276455, encompassing a total of 129 shares between the distinctive numbers 1138446721 and 1138446849.
According to information available from the Pakistan Stock Exchange (PSX), the bank has issued a circulation notice to members of the exchange, instructing them not to deal in these certificates. The notice stipulates a period of 7 days for any objections to be filed concerning the reported loss, after which duplicate certificates will be issued to the concerned party if no objections are presented.
The incident highlights the importance of secure handling and reporting of share certificates within the trading and finance community to prevent unauthorized transactions and potential financial discrepancies.